UTILITIES
From mining, to wells and transportation, to the units that burn it or deliver it, SolArc's utility solution supports deal capture, contract management, risk analytics and business workflow as well as pipeline, barge, rail and truck logistics.
LDCs, power generators, municipalities, fuel buys, and consumers of coal, natural gas and fuel oil all rely on SolArc's established solution. Fuel purchasing, scheduling and transportation complexities pose substantial challenges for regulated and unregulated utilities. RightAngle's integrated solutions focuses primarily on the cost complexities and risk related to tracking purchases, sales and transportation cost in delivering to their facilities. Utilities rely deeply on accurate reporting for fuel cost and reconciliation of cost to insure their delivering the best value to the markets they serve.
SolArc's RightAngle™ solution supports four of the top ten global utilities capability for traders, risk managers, schedulers and revenue accounting. Several utilities have implemented the SolArc solution over the years and continue to rely on RightAngle for their fuel management.
Learn more about our support for the following commodities:
SolArc RightAngle Support for Utilities:
"SolArc has allowed us to manage a variety of fuels that feed our generation process and hedge our supply across a portfolio. Managing risk at the portfolio level has translated into a significant savings in hedge execution costs and has reduced the capital requirements or credit that we need to meet our risk policy guidelines." - SVP of Treasury, Major Utility
